Savings, investment rates plunge 1000 bps in FY11-FY18: Report
Ahead of the general elections, the government Wednesday lowered economic growth rates during the previous Congress-led UPA regime by shaving off over 1 percentage point.
'Increase in the size of economy in real terms is a "pure statistical phenomenon", which has resulted in lower GDP growth at the FY12 prices compared to FY05 prices.'